Examples of using Resolution framework in English and their translations into Romanian
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Objectives of a bank resolution framework.
The bank resolution framework will reduce or remove the implicit state guarantee of the debt of even the largest and most important banks.
General explanation: a recovery and resolution framework.
When a resolution framework that stops contagion is in place, the DGS fund will only finance a few banks that default initially.
The need for an effective recovery and resolution framework.
Opinion on the recapitalisation and resolution framework for credit institutions in Greece(CON/2012/39).
General Considerations about the need for a new bank resolution framework.
The resolution framework will need to consist of resolution tools that comprise a combination of resolution powers.
Taxes are part of the global resolution framework.
The resolution framework recognises the existence of cross border groups in Europe as one of the key drivers for the integration of the Union financial markets.
What should be the scope of an EU resolution framework?
When a resolution framework that limits contagion is in place, it reduces the number of bank failures, and therefore the likeliness of DGS pay-outs.
Article 99 deals with the role of Deposit Guarantee Schemes(DGS) in the resolution framework.
This implies that State aid granted under the resolution framework must be compatible with the Treaty rules and the internal market.
What should be the key objectives and priorities for an EU bank resolution framework?
The good bank will be folded into[Trapeza Kyprou], using the Bank Resolution Framework, after having heard the Boards of Directors of[Trapeza Kyprou] and Laiki.
The Commission believes that a coordinated approach at EU level is needed to ensure a clear link between funding mechanisms and the new resolution framework.
This could possibly include the option of establishing a single resolution framework, particularly in the banking sector.
Therefore, the resolution framework establishes certain principles for the allocation of losses that would have to be respected irrespective of what each national insolvency regime establishes.
The Commission will shortly present a proposal for a recovery and resolution framework for CCPs.
The authorities have made some progress as regards the bank resolution framework and the assessment of asset quality in the banking sector, including restructured loans.
Other countries allow funds raised from the levy to be absorbed by the general budget without any explicit link to the resolution framework for the financial sector.
The resolution framework should provide for timely entry into resolution before a financial institution is balance-sheet insolvent and before all equity has been fully wiped out.
Reform measures must help strengthen Europe's prudential and resolution framework for banks and other financial actors.
A new recovery and resolution framework for banks that are failing or likely to fail has been established under the Bank Recovery and Resolution Directive(BRRD).
The Union and its Member States are committed to implement the Union bank recovery and resolution framework in line with the international standards.
The resolution framework should include procedural requirements to ensure that resolution actions are properly notified and, subject to the limited exceptions laid down in this Directive, made public.
The proposal is, therefore, consistent with the overall objective of the Union bank resolution framework to reduce taxpayers' support in bank resolution. .
In particular, work on a resolution framework for non-banks and to address concerns in shadow banking is ongoing at EU and international level.
Other countries allow funds raised from the levy to be absorbed by the general budget as no explicit link to the resolution framework for the financial sector is intended.